Report: Increased foreign demand for Illinois crops could mean fewer jobs – INN
“This could occur if higher foreign demand for agricultural products led to a strengthening of the dollar, making other Illinois exports less competitive.”
Comment: Hmm. Interesting. The argument is based on the assumption that agriculture is less labor intensive than other industries that would be impacted by a higher dollar. Seems to me the real driver of the dollar is interest rates, which for the time being are set artificially anyway, so I’m not so sure.